January/February Archives - Èý•NÌåÓý /2023/januaryfebruary-2023 Get the latest oil drilling news with Èý•NÌåÓý Thu, 02 Feb 2023 11:23:17 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 202015461 Technology allows drilling contractors to bring added value beyond traditional work scope /technology-allows-drilling-contractors-to-bring-added-value-beyond-traditional-work-scope-64451 /technology-allows-drilling-contractors-to-bring-added-value-beyond-traditional-work-scope-64451#respond Wed, 25 Jan 2023 16:28:07 +0000 /?p=64451   H&P’s John Bell: Rather than focusing on being the lowest-cost provider, H&P says it aims for consistent operations and precise wellbores, whether in US or international markets By Stephen Whitfield, Associate Editor John Bell is Senior VP, International and Offshore, at Helmerich & Payne (H&P). H&P has been very active in markets like the Middle …

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]]> /technology-allows-drilling-contractors-to-bring-added-value-beyond-traditional-work-scope-64451/feed 0 64451 Open architecture, end-to-end solutions can help to advance industry’s digital journey /open-architecture-end-to-end-solutions-can-help-to-advance-industrys-digital-journey-64446 /open-architecture-end-to-end-solutions-can-help-to-advance-industrys-digital-journey-64446#respond Wed, 25 Jan 2023 16:28:07 +0000 /?p=64446 Aker BP’s Tommy Sigmundstad: Aker BP working to create full loop for autonomous drilling and new business models with alliance partners as it prepares for a lower-margin future By Linda Hsieh, Editor & Publisher Tommy Sigmundstad is Senior VP Drilling and Wells for Aker BP. What do you see as the biggest challenges for the global …

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]]> /open-architecture-end-to-end-solutions-can-help-to-advance-industrys-digital-journey-64446/feed 0 64446 2023 IADC Chairman: Moderated growth may create healthier business environment for drillers in coming years /2023-iadc-chairman-moderated-growth-may-create-healthier-business-environment-for-drillers-in-coming-years-64457 /2023-iadc-chairman-moderated-growth-may-create-healthier-business-environment-for-drillers-in-coming-years-64457#respond Wed, 25 Jan 2023 16:28:06 +0000 /?p=64457 By Linda Hsieh, Editor & Publisher We’re at an exciting time in the drilling industry – not only because rig counts and dayrates have both been going up but also because we’re poised for the possibility of a multi-year upcycle, depending on how the economies in North America, Europe and China evolve in the near …

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]]> /2023-iadc-chairman-moderated-growth-may-create-healthier-business-environment-for-drillers-in-coming-years-64457/feed 0 64457 Financial and human capital challenges call for the industry to adopt new ways of thinking /financial-and-human-capital-challenges-call-for-the-industry-to-adopt-new-ways-of-thinking-64460 /financial-and-human-capital-challenges-call-for-the-industry-to-adopt-new-ways-of-thinking-64460#respond Wed, 25 Jan 2023 16:28:06 +0000 /?p=64460 Nabors’ Subodh Saxena: Drilling contractors can address workforce, efficiency needs through cultural shifts and capital allocation strategies that focus on long-term sustainability By Linda Hsieh, Editor & Publisher Subodh Saxena is Senior Vice President at Nabors Industries. What is your outlook for the upstream business, particularly the drilling contractor segment, and do you see any looming challenges? …

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]]> /financial-and-human-capital-challenges-call-for-the-industry-to-adopt-new-ways-of-thinking-64460/feed 0 64460 Petrobras looks to disruptive technologies to ensure all E&P projects have ‘double resilience’ /petrobras-looks-to-disruptive-technologies-to-ensure-all-ep-projects-have-double-resilience-64465 /petrobras-looks-to-disruptive-technologies-to-ensure-all-ep-projects-have-double-resilience-64465#respond Wed, 25 Jan 2023 16:28:05 +0000 /?p=64465 Petrobras’ João Henrique Rittershausen: Innovations like True One Trip, all-electric completions help to support strict goals around cost, emissions By Linda Hsieh, Editor & Publisher João Henrique Rittershausen is Chief Production Development Officer at Petrobras. What do you see as the biggest challenges for the drilling industry right now? Today, the biggest challenge is to complete …

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]]> /petrobras-looks-to-disruptive-technologies-to-ensure-all-ep-projects-have-double-resilience-64465/feed 0 64465 Industry must fill talent gap for both today and tomorrow as it seeks long-term value creation /industry-must-fill-talent-gap-for-both-today-and-tomorrow-as-it-seeks-long-term-value-creation-64470 /industry-must-fill-talent-gap-for-both-today-and-tomorrow-as-it-seeks-long-term-value-creation-64470#respond Wed, 25 Jan 2023 16:27:40 +0000 /?p=64470 Petronas’ Jumasri Terimo: Petronas looks to school partnerships and upskilling programs, along with automation and integrated contracting strategies, to address key challenges By Stephen Whitfield, Associate Editor Jumasri Terimo is Head of Wells Technology and Technical Assurance at Petronas. From your perspective at Petronas, what do you see as the biggest near-term challenges for the …

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]]> /industry-must-fill-talent-gap-for-both-today-and-tomorrow-as-it-seeks-long-term-value-creation-64470/feed 0 64470 Renewed focus on safety needed as industry deals with labor shortage amid activity ramp-up /renewed-focus-on-safety-needed-as-industry-deals-with-labor-shortage-amid-activity-ramp-up-64476 /renewed-focus-on-safety-needed-as-industry-deals-with-labor-shortage-amid-activity-ramp-up-64476#respond Wed, 25 Jan 2023 16:27:39 +0000 /?p=64476 Pioneer’s Bonnie Black: Inflation and supply chain are also creating challenges, but communication and transparency between operator and contractor can help both parties By Linda Hsieh, Editor & Publisher Bonnie Black is VP Drilling at Pioneer Natural Resources. What do you see as the biggest challenges that the global drilling industry currently faces? Supply chain and …

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]]> /renewed-focus-on-safety-needed-as-industry-deals-with-labor-shortage-amid-activity-ramp-up-64476/feed 0 64476 Investments in digital systems, sustainability will help drillers carve niche in new landscape /investments-in-digital-systems-sustainability-will-help-drillers-carve-niche-in-new-landscape-64481 /investments-in-digital-systems-sustainability-will-help-drillers-carve-niche-in-new-landscape-64481#respond Wed, 25 Jan 2023 16:27:38 +0000 /?p=64481 Seadrill’s Simon Johnson: Drilling contractors may also need further collaboration with operators to integrate wellsite data, review how risk is allocated in today’s rig contracts By Stephen Whitfield, Associate Editor Simon Johnson is President and CEO of Seadrill. How would you assess the state of the global offshore drilling market right now? I don’t think it’s …

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]]> /investments-in-digital-systems-sustainability-will-help-drillers-carve-niche-in-new-landscape-64481/feed 0 64481 Machine learning-based pressure management technology brings full automation to MPD operations /machine-learning-based-pressure-management-technology-brings-full-automation-to-mpd-operations-64487 /machine-learning-based-pressure-management-technology-brings-full-automation-to-mpd-operations-64487#respond Wed, 25 Jan 2023 16:27:38 +0000 /?p=64487 By Stephen Whitfield, Associate Editor Automation in MPD operations is not new – operators and service companies have been utilizing technologies and software to automate various components of an MPD system for years. Recently, though, Opla Energy says it is bringing its ambitions for a fully automated MPD system that can run with no human …

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]]> /machine-learning-based-pressure-management-technology-brings-full-automation-to-mpd-operations-64487/feed 0 64487 Fast innovation process allows Petrobras to tap Búzios with lower cost, higher reliability /fast-innovation-process-allows-petrobras-to-tap-buzios-with-lower-cost-higher-reliability-64496 /fast-innovation-process-allows-petrobras-to-tap-buzios-with-lower-cost-higher-reliability-64496#respond Wed, 25 Jan 2023 16:27:38 +0000 /?p=64496 By Linda Hsieh, Editor & Publisher In the Búzios presalt field offshore Brazil, the numbers are staggering. The thickness of its oil reservoir, for example, can reach up to 480 m, comparable to the majestic Sugarloaf Mountain in Rio de Janeiro. Just one single well on Búzios can reach a production peak of 60,000 bbl/day, …

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